India`s GoodEnough Energy commissions country`s largest battery storage system
India's GoodEnough Energy said on Tuesday that it has commissioned a 7 Gigawatt-hour (GWh) battery energy storage system (BESS), the country's largest, in the northern state of Uttar Pradesh.
The company, founded in 2023 with an initial investment of 4.5 billion rupees ($49.4 million), plans to expand to make 25 GWh of BESS within three years, it said.
Indian companies largely depend on imports from China for battery storage systems for clean energy projects.
India is targetting 500 GW of non?fossil power capacity by 2030 and requires an estimated 230 GWh of storage to stabilise its rapidly expanding green grid.
In 2023, the country approved 94 billion rupees of funding to make BESS equipment, providing financial support of up to 40% of the capital cost.
($1 = 91.0213 Indian rupees)
